SOLD Gold and Bought Silver... Lots of it

Ойын-сауық

Sold Gold Coins at an All time high and bought some Una and The Lion Silver bars. These should add some equity to my silver stack for years to come.

Пікірлер: 57

  • @montanastacker
    @montanastackerАй бұрын

    Beautiful Silver! I have One on the way. Great Video.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Yes, the bar is great. This landscape might even be better than the first portrait version. I'm sure you'll like it when it arrives.

  • @all4dh8rz3
    @all4dh8rz3Ай бұрын

    For some reason I find silver more appealing than gold! The bright shiny metallic colour is so pleasing to look at!

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    silver does have a soothing feel to it. Gold does have a special allure, however.

  • @cbisbey1043
    @cbisbey1043Ай бұрын

    Those bars are stunning.

  • @silverlover5817
    @silverlover5817Ай бұрын

    This "Una and the Lion" bar is the 2nd release. 1st release design was much more beautiful, Thanks for the video.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Yes, second Una and the Lion Bar, but i think this is going to have its own Una and the Lion series. The first Una bar was part of The Great Engravers series. We'll see where they go with these.

  • @VegasStacker702

    @VegasStacker702

    Ай бұрын

    The first series had fewer minted then the new ones. This una and lion bar has 250k + minted I believe they said they would mint more if demand was there. The Roaring Lion coins are way better on my opinion. I did a video on both

  • @jessiedizon5860
    @jessiedizon5860Ай бұрын

    Beautiful silver bar.....,.🕵️🔎

  • @marknordgard1916
    @marknordgard1916Ай бұрын

    I did the opposite years ago, and so far I'm happy

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Very nice. I go back and forth as well. Not long ago I sold some high premium silver and put it onto gold.

  • @Handle_number_7
    @Handle_number_7Ай бұрын

    I traded some low premium gold when the ratio was 90:1 a few weeks ago for mercury dimes. It's become clear that Merc dimes are picking up popularity, and they seem to be growing on me as well lol Good choice as the bag was clearly not searched. A couple stunners, including a semi-key date. Sell price and premiums put me at a still high 80:1 ratio. I believe the ratio will narrow, it's just a matter of when. I was looking at historical graphs, and it was pretty clear that 90:1 generally doesn't hold for long. Especially with the premiums on silver relatively low.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    I'm a big fan of mercury dimes. I used to get them for the same price as Roosevelts in the past, but haven't bought some in a while. 90% silver tends to get hot in price from time to time.

  • @JFEnterprize

    @JFEnterprize

    Ай бұрын

    I think anything but fiat is the way to go. But esp you with the mercs and low prem gold being used is a home run. Btw wanna sell 50 of em? 👀 😂🎉❤

  • @bullionaddict9164
    @bullionaddict9164Ай бұрын

    Nice looking bars 👍👍

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Thanks 👍

  • @GoldAddict
    @GoldAddictАй бұрын

    You may want to look into selling gold for platinum next time…it’s a bettee trade right now

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    I gave platinum a try a few year's ago, seems like that metal is on a slump. Maybe the transition from platinum to Palladium in the automotive industry really hurt its demand.

  • @JFEnterprize

    @JFEnterprize

    Ай бұрын

    @@silvermoneyphoenix1624I thought it was palladium to plat due to the cost was 1/3 less for the plat and was fairly easily reconfig’d to work being similar metals. They say gold isn’t industrial. No it’s just hela expensive to use it en mass. 😂🎉 when 1/10 the price silver is just about on par or better depending on why it’s being used.

  • @strangelyfamiliar1729
    @strangelyfamiliar1729Ай бұрын

    Just watched a vid' with someone selling 350oz silver and buying gold. To each their own.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Thats the beauty of it. right or wrong, people can do what they please with their own metals. stack on!

  • @VegasStacker702
    @VegasStacker702Ай бұрын

    The una and lion series is awesome i did video reviewing them. The 5oz roaring lion is awesome as well. Definitely something to check out

  • @tho464
    @tho464Ай бұрын

    He did the exact opposite of what I am doing.

  • @edb3877

    @edb3877

    Ай бұрын

    Which is fine. There are LOTS of ways to stack and only time will tell which is best. The good news there is that it doesn't really matter which metal one stacks because both are great assets to own. THAT someone stacks is much more important than WHAT someone stacks, IMO. I own both silver and gold and have no interest in selling either one. I considered my silver stack to be complete in late 2019 but am still adding gold to the stack. Recent price increases have me waiting for yet another dip but the trick there will be recognizing it when it comes. I'll be making multiple buys via a modified DCA approach, so should end up getting a decent price. No need to ever buy at the exact bottom or sell at the exact top. One can still make a lot of money without perfect timing.

  • @mitchellkranz5307
    @mitchellkranz5307Ай бұрын

    Big mistake should of kept the gold, sell that high premium silver and buy more gold...

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Maybe that's true. Time will tell I guess. To me a 30% increase in silver spot/ bar premium appreciation seems more likely than a 30% increase in Gold spot price rise. from where prices stand now. Thanks for taking a look.

  • @yefunehdavid1005

    @yefunehdavid1005

    Ай бұрын

    IMHO, either way, when inflation goes hyper both gold and silver will increase in purchasing power, not just maintain it like does now. Eventually the gold:silver ratio will go to 15:1 or thereabouts. No worries with either metal.

  • @rickengle7208

    @rickengle7208

    Ай бұрын

    He made the right move. The GSR is 80:1. When it swings back to say, 50:1 he can trade that silver back in net 25% more gold than he had before. 40:1 to 30:1 isn't off the table. He's pretty much guaranteed to net 25% more gold than he had before though so in no way could you call this a bad move.

  • @edb3877

    @edb3877

    Ай бұрын

    @@yefunehdavid1005 Agreed. It's funny when people say that this or that is better when the truth about gold and silver is that both are great and anyone into stacking really should own both. Lots of stackers start with silver and then add gold or move on to gold. It's a natural progression.

  • @ShinyPreciousMetals
    @ShinyPreciousMetalsАй бұрын

    4:53 really nice👍🏻 new sub.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Thanks for taking a look. And for the sub.

  • @silverbeancounter
    @silverbeancounterАй бұрын

    Gorgeous bars. Is there a set mintage on those?

  • @silverbeancounter

    @silverbeancounter

    Ай бұрын

    Ah, you just answered my question 👍

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    No started mintage but likely only minted for one year.

  • @Baruk1993
    @Baruk1993Ай бұрын

    Sold at SD bullion at spot price for few days!

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    these at spot would have been nice!

  • @dleetr
    @dleetrАй бұрын

    Good move, those bars are a relatively safe bet (this is not investment advice).

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Its definitely a very nice design.

  • @PandamoniumCoins
    @PandamoniumCoinsАй бұрын

    Wuuuuuuuuuuuau !! Congratulations. Good eleccion.

  • @SilverWhisperer
    @SilverWhispererАй бұрын

    I bought (5) 10 oz Bars and (6) 1 oz bars on the day SD Bullion put them out. They are some of the most beautiful bars I own. I wish I would’ve gotten the first design. I think those are even more beautiful. I also recently sold acouple of ounces of gold and bought 9 tubes of eagles. right before it went over $25. Good job!

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Right on! I agree, these are some amazingly beautiful bars. 9 tubes of eagles is impressive. Nice work.

  • @ponolovefarms3926
    @ponolovefarms3926Ай бұрын

    Not very pirate like arrrrrhh 🏴‍☠️

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    I think pirates like silver too.

  • @88gcllc
    @88gcllc28 күн бұрын

    Bad move

  • @jamesdoe3713
    @jamesdoe3713Ай бұрын

    These are nice, but no match for the 2021 design.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    I felt the same at first. But I'm torn between both designs, now that i have these in hand.

  • @keithainsley6467
    @keithainsley6467Ай бұрын

    really you must of been drinkingl

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    guilty 😄

  • @thomasjensen6243
    @thomasjensen6243Ай бұрын

    Well, aren't you special

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    🤔 I guess every person is in their own way.

  • @edb3877

    @edb3877

    Ай бұрын

    @@silvermoneyphoenix1624 Indeed so, and especially to those whom they love.

  • @betchface752
    @betchface752Ай бұрын

    Bet you regret selling at 2200 when gold is now 2400+.

  • @silvermoneyphoenix1624

    @silvermoneyphoenix1624

    Ай бұрын

    Gold is up 9% since the sale and Silver is up more than 15% since the buy. so far so good. We'll see how this goes long-term. I made this move with a 1-2 year time horizon.

  • @betchface752

    @betchface752

    Ай бұрын

    @@silvermoneyphoenix1624 don’t get me wrong, i do have a large position in silver i just would not trade gold for it. Edit. Id trade my becoming worthless by the year green backs though!!

  • @Revenant_Dancer

    @Revenant_Dancer

    Ай бұрын

    80 to 1 ? Huh

  • @garlicbreathandfarts
    @garlicbreathandfartsАй бұрын

    Yes, duh.

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